Ubiquisys Revealed as One of Britain’s Fastest-Growing Private Technology Companies
17th September 2012
UK small Cell Developer ranked 12th in the Annual Sunday Times Hiscox Tech Track 100 after Sustained Sales Growth of 151.82%
Swindon, UK – Ubiquisys, the developer of 3G and LTE small cells, today announced that it has been named as one of Britain’s fastest-growing private technology companies in the Sunday Times Hiscox Tech Track 100. The Tech Track 100 league table and awards programme is sponsored by Hiscox and Barclays, and compiled by Fast Track, the Oxford-based networking events and Research Company.
"Just as London 2012 will inspire young athletes, so too should the stories behind these Tech Track companies inspire the next generation of entrepreneurs. Brainy, tenacious and above all hard working, these privately-owned businesses deserve every bit of recognition for their important contribution to our economy,” said Steve Langan, Managing Director of Hiscox UK and Ireland, the title sponsor of the league table.
“We are delighted that Ubiquisys has ranked so highly in the Sunday Times Hiscox Tech Track 100. This reflects the company’s exceptional growth in recent years due to an increasing recognition of the benefits of small cells, and our heritage for ongoing technology innovation,” said Chris Gilbert, CEO Ubiquisys. “A small organisation that was founded in Swindon has transformed into a global telecoms market player with deployments both in the UK and worldwide in countries such as Japan, France and the US. With enduring commercial interest from mobile operators, the sky is the limit for our continued development and profitability.”
According to figures from Ofcom in July 2012, two-fifths of UK adults now use a smartphone. Around 20 companies either say they have benefited from the growth in smartphone use, either because they develop smartphone apps, use apps to boost sales, or help telecoms networks cater for the growing amount of data required. Ubiquisys is in the vanguard of this global movement.
The full findings are published in a special four-page supplement within the Business section of The Sunday Times on 16 September, both in print and online, and on www.fasttrack.co.uk
The Sunday Times Hiscox Tech Track 100
For further information please contact:
Richard Heap, senior researcher, Fast Track, 01865 297 014, firstname.lastname@example.org
Notes for editors
Fast Track has published league tables of top-performing private companies with The Sunday Times for the past 16 years. Its invitation-only dinners provide a valuable opportunity for entrepreneurs to network and meet its sponsors. The company was founded and is run by Dr Hamish Stevenson, who also holds an associate fellowship at Green Templeton College, Oxford University.League table criteria
Companies had to be unquoted, independent and registered in Britain. They were ranked by compound annual growth rate (CAGR) in sales over their latest three financial years between 2008 and 2011 or 2009 and 2012.
The Tech Track 100 adopts the amended London Stock Exchange’s (LSE) techMARK definition of a technology company as one ‘that shows a commitment to innovation, research and product development, and operates in sectors including software, internet, telecoms and biotech’.
For financial years lasting for more or fewer than 52 trading weeks, figures were annualized on a simple pro-rata basis. Annualized sales had to exceed £250,000 in the base year (2008 or 2009) and £5m in the latest year (2011 or 2012). Companies also had to increase in sales in the latest year, but not necessarily be in profit.
The research was carried out by Fast Track between May and August. The majority of companies were interviewed by telephone or in person by the Fast Track team.
Hiscox is a world leader in providing intelligent insurance solutions for the tech industry. From the sole trader to the global business, Hiscox insures over 150,000 small and medium sized businesses across Europe and the USA. Hiscox products, underwriting approach and claims management expertise keep pace with the changing face of IT and the law that applies. http://www.hiscox.co.uk/business-insurance/
The Barclays Technology, Media and Telecoms corporate banking team have sector-focused relationship directors located across the UK. These specialists have the industry expertise and local knowledge to recognise the requirements of this diverse sector, and support the businesses within it.
This dedicated team works with most of the listed UK TMT companies and more than a quarter of all Tech Track 100 businesses operating in the sector. www.barclays.com/corporatebanking
Ubiquisys is a leader in intelligent 3G and LTE small cells, with products deployed by operators around the world.
The Ubiquisys difference is intelligence: small cells that continuously adapt to their surroundings and dynamically interact with their neighbours. Operators benefit from low operating costs and efficient use of spectrum assets, whilst mobile users experience dependable voice and high speed data services. The Ubiquisys small cell range includes public-access hotspots, self-organising networks for enterprise, and modular residential small cells designed for home device integration.
Working with Intel, Ubiquisys has pioneered the smart cell: part small cell hotspot, part powerful computing platform. This new class of small cell adds cloud and core networking capabilities at the edge of the network, bringing new services closer to mobile users. www.ubiquisys.com